Home prices made largest leap in 2021 at 18.9%

National home prices rose to $278,630 in 2021, an 18.9 percent jump over 2020 prices, according to the S&P CoreLogic Case-Shiller National Home Price Index. That’s the largest year-over-year increase in the index’s 34-year history. Inflation, years of huge demand and scarce inventory are swirling to create a dynamic housing market in 2022.